The global travel and tourism market is one of the worst hit by the coronavirus (COVID-19) pandemic. As a result, companies such as Booking.com are now coping with the virus' damaging effects. In the first week of 2020, there were seven percent more Booking.com short-term rental reservations than in the previous year. By week two, the company saw this figure rise to 35 percent more year-over-year reservations. However, this growth didn't continue and in week 14 of 2020, short-term rental bookings on the Booking.com platform saw a 93 percent drop over the previous year as a result of the coronavirus pandemic.
Year-over-year change in short-term rental reservations on Booking.com due to the coronavirus (COVID-19) pandemic worldwide in the first quarter of 2020, by week
Characteristic
Year-on-year percentage difference in short-term rental reservations
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Transparent. (March 17, 2020). Year-over-year change in short-term rental reservations on Booking.com due to the coronavirus (COVID-19) pandemic worldwide in the first quarter of 2020, by week [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1114108/short-term-rental-reservations-coronavirus/
Transparent. "Year-over-year change in short-term rental reservations on Booking.com due to the coronavirus (COVID-19) pandemic worldwide in the first quarter of 2020, by week." Chart. March 17, 2020. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1114108/short-term-rental-reservations-coronavirus/
Transparent. (2020). Year-over-year change in short-term rental reservations on Booking.com due to the coronavirus (COVID-19) pandemic worldwide in the first quarter of 2020, by week. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1114108/short-term-rental-reservations-coronavirus/
Transparent. "Year-over-year Change in Short-term Rental Reservations on Booking.Com Due to The Coronavirus (Covid-19) Pandemic Worldwide in The First Quarter of 2020, by Week." Statista, Statista Inc., 17 Mar 2020, https://www.statista.com/statistics/1114108/short-term-rental-reservations-coronavirus/
Transparent, Year-over-year change in short-term rental reservations on Booking.com due to the coronavirus (COVID-19) pandemic worldwide in the first quarter of 2020, by week Statista, https://www.statista.com/statistics/1114108/short-term-rental-reservations-coronavirus/ (last visited September 01, 2024)
Year-over-year change in short-term rental reservations on Booking.com due to the coronavirus (COVID-19) pandemic worldwide in the first quarter of 2020, by week [Graph], Transparent, March 17, 2020. [Online]. Available: https://www.statista.com/statistics/1114108/short-term-rental-reservations-coronavirus/